Elkhorn City, KY, zip code 41522 is a small town with a population of about 1,700 people. The rent for a two-bedroom apartment in Elkhorn City is significantly lower than the national average at $670 per month, making it an ideal place to live on a budget. Grocery costs are also cheaper here than elsewhere in the country with an index of 96, compared to 100 in the US. There are many local businesses in Elkhorn City that make up its economy. These include Gasper's Repair Shop and Garage, Mountain View Country Store, Jones Furniture and Upholstery, Creative Hair Designers LLC Salon and Spa, Lick Fork Creek Restaurant and Food Truck Park, Elkhorn City Tobacco and Beer Outlet, and Cloyd's Family Pharmacy.
Elkhorn City (zip 41522) has an unemployment rate of 7.0%. The US average is 6.0%.
Elkhorn City (zip 41522) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Elkhorn City (zip 41522)
- The Sales Tax Rate for Elkhorn City (zip 41522) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elkhorn City (zip 41522) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elkhorn City (zip 41522)
- The average income of a Elkhorn City (zip 41522) resident is $19,536 a year. The US average is $37,638 a year.
- The Median household income of a Elkhorn City (zip 41522) resident is $30,930 a year. The US average is $69,021 a year.